The Home Equity Theft Reporter: South Florida Feds Charge Three In Alleged Mortgage Scam Resulting In $6M In Fraudulently Obtained Loan Proceeds

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Articles Related To Mortgage Servicing Fraud – h/t Home Equity Theft Reporter In September 2010, Residential credit solutions began rejecting Hammer’s monthly payments and refused to acknowledge the existence of the loan modification. rcs then proceeded to prosecute two separate foreclosure actions against Hammer, despite the fact that Hammer, still to this day, has tendered all of her monthly payments as required under the loan modification.

Home Equity Theft Reporter: Wells Fargo Bank agreed to pay $42 million to settle a complaint that it failed to maintain foreclosed properties in minority neighborhoods, turning the vacant houses into dilapidated eyesores. The housing groups filed similar complaints against Bank of America and U.S. Bancorp, which are still pending.

Articles Related To Mortgage Servicing Fraud – h/t Home Equity Theft Reporter In September 2010, Residential Credit Solutions began rejecting Hammer’s monthly payments and refused to acknowledge the existence of the loan modification. RCS then proceeded to prosecute two separate foreclosure actions against Hammer, despite the fact that Hammer, still to this day, has tendered all of her monthly payments as required under the loan modification agreement.

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